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Korean firm will become first BSN portal operator outside of China
1.9.2021
China’s Blockchain Service Network is going global, with Korean blockchain firm MetaverseSociety announced as the first BSN portal operator outside of China
Chinese Regulator Aims to Digitize Securities Market Using Blockchain and Smart Contracts
1.9.2021
China’s Securities Regulatory Commission (CSRC) will promote a national alliance chain to introduce smart contracts and blockchain-based services to digitize the securities and futures market. The announcement was made at the China Securities Industry Alliance Chain and OTC Alliance Chain...
Genesis Digital Assets Acquires 20,000 Bitcoin Mining Rigs From Canaan, Company Has Option to Buy 180K More
31.8.2021
The China-based bitcoin ASIC mining machine manufacturer Canaan has announced the company has forged a partnership with Genesis Digital Assets, and the two firms have now signed a deal for a large purchase order. Genesis will buy 20,000 bitcoin miners from Canaan and the mining operation also...
League Of Legends Makeover For Chinese Subway
31.8.2021
For the tenth anniversary of its Chinese server, League of Legends is dressing up the Hangzhou Metro in Hangzhou, Zhejiang province. Subway cars, for example, have been done up to look like different LoL regions. As League of Legends (via Twitter user lolweibo) announced through its official Weibo...
Genesis Digital Assets buys 20K Bitcoin miners after $125M raise
31.8.2021
Canaan has also granted Genesis Digital Assets an opportunity to buy up to 180,000 additional BTC mining machines
Chinese banks explore e-yuan for selling investment funds and insurance
31.8.2021
Bank of Communications and China Construction Bank are working with fund managers and insurers to facilitate e-yuan payments for Chinese citizens
Chinese Kids Have Their Online Gaming Time Slashed By New Government Rules
31.8.2021
A new rule being introduced by the The National Press and Publication Administration (NPPA), China’s online watchdog, is looking to curb what the government feels is a growing “gaming addiction among young people”.Read more
Here's how Bitcoin options traders might prepare for a BTC ETF approval
31.8.2021
Bloomberg analysts expect a BTC ETF approval in the next few months, and clever options traders might use this strategy to profit from the possibility
Standard Chartered launches blockchain trade platorm with Chinese fintech
30.8.2021
The joint venture operating the new blockchain-powered platform will be headquartered in Singapore and led by SC Ventures' Amelia Ng as CEO
China to ‘maintain a high-pressure situation’ on crypto, official says
27.8.2021
An official at the People's Bank of China saidthat the public should increase their risk awareness and stay away from crypto investments
Record $900 million month for NFT sales as CryptoPunks go stratospheric
27.8.2021
Almost $400 million has been spent on CryptoPunks over the past 30 days
Bitcoin hashrate triples since June 28 in recovery from China syndrome
25.8.2021
Hashrate has now recovered to early June levels indicating that miners are coming back online after China’s crackdown
Chinese province to cut off Bitcoin miners from hydropower stations
23.8.2021
After the given deadline, Yingjiang County reportedly plans to “forcibly dismantle” the power supply to Bitcoin mining establishments within its jurisdiction
Xiaomi India needs regulatory clarity to embrace crypto, says exec
23.8.2021
According to Xiaomi India managing director Manu Jain, cryptocurrency is an “extremely interesting” area that is doing “exceptionally well.”
Crypto ‘not protected by law,’ rules provincial high court in China
23.8.2021
A provincial high court ruling in China has set a potential precedent by declining to protect a plaintiff’s $10,000 worth of lost crypto tokens
Bitcoin mining metric that has predicted every big BTC rally since 2020 is flashing again
18.8.2021
The fractal setup appeared at the beginning of the Bitcoin price rallies in January 2019, January 2020, March 2020 and December 2020
People's Bank of China in Shenzhen ‘cleans up’ illegal crypto firms
18.8.2021
The Shenzhen branch of the People's Bank of China launched a special “rectification” program against illegal crypto-related activities, beginning with a crackdown on 11 emerging companies
People’s Bank of China Targets Crypto Companies in Shenzhen Crackdown
18.8.2021
The Shenzhen office of the People’s Bank of China (PBOC) has reportedly set out to correct the business activities of about a dozen companies allegedly engaged in cryptocurrency transactions. According to Chinese media, the entities have been targeted in a crackdown on crypto trading in...
Analysts say $46,500 is the key level for Bitcoin to flip to support
16.8.2021
Bitcoin’s fundamentals remain strong but analysts pinpoint $46,500 as the key level to reclaim as support in order to preserve the current uptrend
Samsung to Aid Bank of Korea in Central Bank Digital Currency Pilot Program
16.8.2021
Samsung, the Korean tech giant, has decided to participate in a central bank digital currency (CBDC) program that is being carried out by the Bank of Korea. The company will be testing the feasibility of using these new instruments in its lineup of Galaxy phones, specifically assessing...